Stockland held their first public meetings about their Campbelltown, NSW development - Macarthur Gardens Retirement Village this week. The development will include 235 villas and provide residents with extensive lifestyle facilities. Stockland hopes to have completed display homes and have the first residents moving in by the middle of 2011. The village is expected to be completed in four years.


RLC and StewartBrown lobbying sees retirement village operators’ proposed liquidity ratio cut from 10% to 2%
Daniel Gannon, Executive Director of the Retirement Living Council, said the Aged Care Quality and Safety Commission’s proposal to make residential aged care providers operating independent living units (ILUs) and retirement villages retain 10% of ILU and retirement village refundable amounts as liquid funds from 1 July this year, has been reduced to 2%.
